151–160 of 253 posts
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Wait how do I do text over wifi?
I believe Google Voice can do text directly from the app, no cell service required (just an internet connection). And my phone service has been able to do LTE over WIFI for a number of years.
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But you can already license your IP using a contract or a license, and that contract can be inked in paper or done digitally. You can even give exclusive license or transfer your rights. The only difference using the blockchain is, well, the blockchain. This is an even less interesting use of the blockchain than Bitcoin - at least with Bitcoin there is no longer a central authority needed to prevent double spending.…
I don't care about bored apes or jpeg nfts in general, and don't know how true it is that you receive ownership of the ip. But if it worked that way, then the concept is pretty cool. You say "you can already license..." yeah, but this is one click stuff and you're good to go. What you're saying is slow lawyer stuff and a fully manual process. Of course this one click to purchase IP could be done centralized. But dece…
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The problem is when you buy a second hand bored ape, you don’t have any direct contract with BAYC. They might be able to enforce terms of their original contract on the first party buyer - ‘once you sell the ape you no longer have this license’. But they have no contractual relationship (no ‘privity’) with you. Perhaps possession of the ape entitled you to go to BAYC and get a license contract? That’s great, so long…
No, BAYC license terms say that whoever owns the NFT has the commercialization rights. Now, all you have to legally is prove that you own the NFT, because theft and computer hacking aren't a legally accepted way to transfer ownership.
And as an owner of a second hand ape you have no legal recourse if they (or their successors, or their receivers during their bankruptcy) decide they no longer want to.
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Yes, but in real life blame doesn't matter. What matters is the alternative (a hardwired credit card terminal or cash) would've worked, and this didn't.
A real cryptocurrency wallet also would have worked.
Reminds me of a time that I played a Bitcoin poker game at some Google VP's place up in the hills with Charlie Lee and a few other early crypto luminaries in 2014. It took us over an hour to figure out sending BTC to the "buy-in" pot because most of us had 2FA enabled on our Coinbase accounts and the cell reception was so bad at that we couldn't get our confirmation texts. We ended up writing IOUs on a sheet of paper…
> Perhaps that was what Nguyen was thinking when he spent more than $330,000 on the various ape NFTs on display at his restaurant. Wow. I can't imagine what anyone is thinking when they pay that much to brag about some random blockchain that says they own an arbitrary URL that may or may not link to an image.
It's not hard. "Surely this will appreciate, I am a genius"
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Yes, of course. Just like you can create anything, and license it as you wish, and keep a list of authorized licensees on https://en.wikipedia.org/wiki/Punched_tape . The NFTs are better because...
NFT provides a decentralized way to transfer the ownership in a globally visible way. Look, I hate cryptoc, but this is about the one thing in the whole world that NFT is actually good for.
And it doesn’t even require an entire countries worth of electricity to do it.
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> The vast majority of people in the world can't afford to buy crypto. You can buy fractions of it, meaning the affordability is relative to the individual and what they can spend.
That just means poor people are dividing their already limited resources to buy a fraction of something that they can't use to pay for rent, food, and clothing. If you can only afford to buy a fraction of something, then you can't afford it.
See Central African Republic and El Salvador. Countries are waking up to the mafia operation that is the IMF and its favorite weapon, the dollar. Because it's still early in the adoption cycle, critics will continue to be "correct" until one day they wake up and find they've been left behind.
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I don't care about bored apes or jpeg nfts in general, and don't know how true it is that you receive ownership of the ip. But if it worked that way, then the concept is pretty cool. You say "you can already license..." yeah, but this is one click stuff and you're good to go. What you're saying is slow lawyer stuff and a fully manual process. Of course this one click to purchase IP could be done centralized. But dece…
Literally every stock photo site already does this.
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It works fine with actual art but I've yet to see an NFT comparable to say: the Mona Lisa. When I got into the blockchain space ~9 years ago I would have never imagined years later people would be going crazy over pictures of jpegs. People used to discuss amazingly cool tech stuff: like SSL oracles or privacy-preserving payment protocols. Now it's all about what the price is and moronic NFTs. It's embarrassing.
is that because physical paints can't be immediately copied like a sequence of bits can?